Every single Sunday, The Tennessean highlights a unique ZIP code, as we try to notify readers and assistance them navigate Middle Tennessee’s red warm serious estate market place.
This week, we go 46 miles south of downtown Nashville to look at ZIP 38401, which includes the town of Columbia, county seat of Maury County. Property builders have been flocking listed here creating it a speedy-increasing space close to Nashville.
One particular of the historic landmarks in this article is President Polk’s dwelling and the general public sq. in downtown Columbia anchored by its courthouse. Near downtown is the growing Columbia Arts District.
Columbia is the premier town on the Duck River, which flows some 280 miles during 7 counties. Columbia is also house to Mule Times, a celebration of all factors mule that started off in 1840.
By the numbers, here’s what is likely on in 38401 according to facts from the Bigger Nashville Association of Realtors.
Property prices soar
Median income selling price for a household in 38401 as of this time in 2021 was $261,900. Yr to date, the median revenue selling price is now $350,000.
Residences offer rapid
Homes put in an typical of 31 days on the sector at this time a year ago. So much this yr, households shell out about 29 days on the sector.
House purchasers closed on 469 residences as of this time in 2021. This year so much, household customers have closed on 560 properties in ZIP 38401. Recent stock below is 176 properties.
This posting initially appeared on Nashville Tennessean: Housing current market spotlight: See the tendencies in ZIP 38401, Columbia